Cardone Layoffs

Cardone Industries, a remanufacturer and distributor of vehicle auto parts, has made a round of layoffs and furloughs at its Northeast Philadelphia operations that affects 680 employees. About 80% of the employees were furloughed and the remainder were laid off, according to a person familiar with the matter.Apr 16, 2020

Recent News and Discussions About Cardone Layoffs

Grant Cardone Lays Off 80 of His 180 Employees Without Notice

Grant Cardone Lays Off 80 of His 180 Employees Without Notice: 10X Being Hammered to -OX by the Coronavirus?

Grant Cardone Lays Off 80 of His 180 Employees Without Notice
Mar 24, 2020 — Social Media Reports: Scientologist Tycoon Grant Cardone laid off 80 of his 180 employees last Friday with no prior notice. March 19, 2020: …


Grant Cardone Exposed & Dragged After Allegedly Firing 80 …

Grant Cardone Exposed & Dragged After Allegedly Firing 80 Employees Without Pay

Now just a few days later, news has rapidly spread that on March 19, Grant Cardone allegedly fired 80 Employees from his company. Now the top markers are going …


Cardone Industries Laying Off 1,300 in Philadelphia

https://www.phillymag.com/business/2016/01/20/cardone-industries-layoffs/

Jan 20, 2016 — Cardone Industries plans to lay off more than 1,300 workers in Philadelphia. Cardone is an auto parts re-manufacturer, …


Massive Debt is Crushing Grant Cardone & Cardone Capital.

https://healthchoiceofmichigan.com/lectorium/DoEpqInv4WQ

Grant Cardone decided to shut down the agency yesterday without any … that on March 19th a Grant Cardone did a massive unannounced a layoff of team …


Working at Cardone: 229 Reviews | Indeed.com

https://www.indeed.com/cmp/Cardone/reviews

229 reviews from Cardone employees about Cardone culture, salaries, … At the end of every quarter for the past year, there have been MASS layoffs .


Grant Cardone Beats Federal Lawsuit – The Real Deal

https://therealdeal.com/miami/2021/05/04/grant-cardone-crushes-lawsuit-accusing-him-of-misleading-real-estate-investors/

May 4, 2021 — Grant Cardone beat a federal lawsuit accusing him of misleading investors about his real estate transactions on social media accounts.


Grant Cardone, Cardone Capital Allegedly Misled Investors

https://therealdeal.com/miami/2020/09/30/lawsuit-seeking-class-action-status-accuses-grant-cardone-of-misleading-investors/

Sep 30, 2020 — Real estate crowdfunding guru Grant Cardone is facing allegations that he’s misled thousands of investors by falsely promising them annual …


Philly’s Cardone Industries, hammered by auto slowdown in …

https://www.inquirer.com/business/cardone-auto-philly-furlough-labor-cuts-autos-20200416.html

Apr 16, 2020 — Cardone Industries, one of Philadelphia’s largest manufacturing employers, is cutting labor costs with furloughs or layoffs of 680 employees …


Grant Cardone Bankruptcy and Cardone Capital Layoffs Truth …

Grant Cardone Bankruptcy and Cardone Capital Layoffs Truth Revealed!

Apr 18, 2020 — So what the heck is going on with Grant Cardone claiming bankruptcy and why did 42 new hires get laidoff in the year 2020?


in the united states district court

https://www.paed.uscourts.gov/documents/opinions/20D0441P.pdf

Industries, Inc. If the facts are as Ms. Boddie alleges, Cardone’s hiring practices … the company was trying to avert layoffs by manufacturing products it … 15 pages


Frequently Asked Questions

How much does Grant Cardone pay his employees?

Grant Cardone Enterprises Salaries
Job Title Salary
Sales & Marketing Manager salaries – 2 salaries reported $36,000/yr
Client Relations salaries – 1 salaries reported $42,832/yr
Shipping salaries – 1 salaries reported $41,488/yr
Deez Nuts salaries – 1 salaries reported $112,772/yr

How much debt does Cardone Capital have?

By Mack Burke December 16, 2021 8:45 am. Grant Cardone’s Aventura, Fla. -based real estate investment firm Cardone Capital nabbed $277.5 million in debt from Square Mile Capital Management to help fund two recent purchases of Class A multifamily properties in Fort Lauderdale, Fla., Commercial Observer has learned.

How many employees work at Cardone Capital?

Other Companies in Aventura
Company Name Revenue Number of Employees
#1 Universal Trans… N/A 127
#2 SafetyPay $16.6M 128
#3 Grant Cardone E… N/A 130
#4 Broker’s $23.9M 145

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